Blockchain Research Lab Established By Chinese Online Retail Giant

News | October 31, 2018 By:

Chinese e-commerce giant, in partnership with two tech institutes, has established a research lab for blockchain technologies.

Headquartered in Beijing, is one of the two largest business-to-consumer (B2C) online retailers in China by transaction volume and revenue. It controls roughly 30 percent of the B2C online market in China with 314 million active users.